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17 Cards in this Set
- Front
- Back
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advertising
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the promotion of products in various media
- modern advertising, employing psychology, expert testimony, and other innovations developed in the 1920s |
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assembly line
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a method of mass production whereby the products are moved from worker to worker, with each person performing a small, repetitive task on the product and sending it to the next for a different task until the item is assembled
in the 18th and 19th venturies in America, assembly lines did not move; instead, workers handed the product from one to the next car manufacturer Henry Ford invented the moving assembly line in the early 20th century |
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bootleggers
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people who illegally manufactured, sold, or transported alcoholic beverages during the Prohibition period
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installment plans
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the practice of paying for goods at regular intervals, usually with interest added to the balance, associated with consumption in the 1920s
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isolationism
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the belief that the U.S. should not be involved in world affairs
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speakeasies
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illegal bars and saloons that operated during the Prohibition
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court packing scheme
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President Roosevelt's attempt in 1936 to push a judicial reform bill through Congress that would allow him to appoint six new Supreme Court justices sympathetic to his New Deal
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margin buying
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the practice of buying stock on credit
people pay a small percentage of the price of the stock, hoping that it will go up in value and that they can use money from the sale to pay the balance they owe this practice contributed to the stock market crash of 1929 |
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rugged individualism
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a belief in the ability of people to achieve success in difficult times by calling on their own abilities and resources without the interference of the government
Herbert Hoover subscribed to this notion; it affected the development of governmental policies during the early part of the Depression of 1929 |
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socialism
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a type of economic system in which the state controls the production and distribution of certain products that it deems necessary for the good of the people
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speculation
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a term used to describe an investment made in something whose future is uncertain
it usually refers to high-risk investment with a reward that can be great - if the investment is successful it contributed to the stock market crash of 1929 |
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technological unemployment
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the idea that machinery eliminates the need for human employment - that the development of new machine-based methods of work can lead to workers' losing their jobs
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lynching
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the killing of African Americans, usually by hanging, carried out by white mobs primarily in the Southern states
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sit-down strike
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technique of the labor movement in the 1930s that entailed stopping work but not leaving the factory floor, as owners were not able to hire replacement workers so long as the workers occupid the shop floor
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talkies
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motion pictures with sound
The Jazz Singer (1927) was the first movie to use sound in a significant way |
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appeasement
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the policy practiced by the European nations prior to WWII where in they made concessions to aggressive nations - particularly, Hitler's Germany - in hopes of satisfying the demands of that nation and ending further aggression
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nonaggression treaty
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a treaty in which the parties agree not to attack each other unless attacked first
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